Your browser does not support JavaScript.
Home Categories Macroeconomics A buyer’s market refers to a situation in which buyers have an advantage over sellers in price negotiations. The circular flow model demonstrates how money moves from producers to households and back in an endless cycle. Containment policies are macroeconomic instruments designed to combat economic distortions caused by an overheated economy. Cost-push inflation occurs when general prices rise (inflation) due to an increase in the cost of wages and raw materials.# Cross elasticity of demand is an economic concept that measures the response of the quantity demanded of one good to a change in the price of another good. Cyclical unemployment is the effect of an economic recession or growth on the overall unemployment rate. When supply and demand are out of balance, creating market inefficiencies, there is a deadweight loss. A spending deficit occurs when government spending exceeds its revenues. It is believed that inflation is caused by various mechanisms. The dependency ratio is a demographic measure of the ratio of the number of dependents to the total working-age population in a country or region.